Don’t believe Potgut ple, he’s trying to scare anyone from here, check the announcement on September 2022
Innamincka ProjectsSantos Limited (ASX:STO) has advised it mobilised a rig and commenced drilling at Yarrow on Thursday 15 September 2022. The planned well total depth is approximately 2,700m and is expected to take two weeks to drill. Red Sky is free carried through the drilling of this well up to a cap of $3 million.Yarrow has been estimated to have a 2C contingent resource of 18BCF. A further 20BCF 2C of associated gas is estimated at the Flax oil field 8km to the south east of Yarrow (see ROG ASX announcement 6 May 2019). Yarrow 3 is an appraisal gas well targeting the Tirrawarra sandstone as primary objective and the Patchawarra formation as secondary objective. Tested at Yarrow 1, the Tirrawarra sandstone was shown to flow gas to surface. The aim of the Yarrow 3 appraisal well is to test the extent of the gas accumulation.A pipeline of approximately
ROG Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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